Monthly Archives: May 2025

Sellers must retain control by staying below 1.1265–1.1275 for bearish momentum to continue

Written on May 9, 2025 at 10:15 pm, by

EURUSD tests broken support as resistance; bearish control persists below 1.1265, targeting 1.1145 on downside.

The participation rate in Canada increased to 65.3%, slightly rising from 65.2% earlier

Written on May 9, 2025 at 10:10 pm, by

Canada’s job participation rose; currencies stabilized amid trade talks; gold prices held on geopolitical concerns.

The USDCHF currency pair struggles within its established range, failing to maintain momentum on breakouts

Written on May 9, 2025 at 9:46 pm, by

USDCHF trades in a defined range; momentum-driven breakouts above 0.83505 or below 0.8185 may shift bias.

The unemployment rate in Canada rose to 6.9%, exceeding the anticipated 6.8%

Written on May 9, 2025 at 9:40 pm, by

Gold holds above $3,300 as geopolitical tensions rise; US Dollar weakens, affecting major currency pairs.

Increased optimism sees US stock indices expected to rise despite ongoing trade uncertainty and inflation concerns

Written on May 9, 2025 at 9:16 pm, by

US stocks rise as US-China talks near; tech shares mixed, tariffs may impact inflation and small businesses.

In April, actual employment change in Canada exceeded forecasts by 4.9K, reaching 7.4K

Written on May 9, 2025 at 9:10 pm, by

Canada’s job growth exceeded expectations; forex markets react to global trade talks, tensions, and economic data.

Increased production led Diamondback Energy to surpass earnings expectations, reporting $4.54 per share for Q1

Written on May 9, 2025 at 8:40 pm, by

Diamondback Energy beats estimates with strong earnings, production growth, and share repurchases; revises 2025 guidance downward.

USDCAD rises against resistance; maintaining upward momentum requires breaking and holding key levels.

Written on May 9, 2025 at 8:15 pm, by

Canada adds 7.4K jobs in April; USDCAD eyes breakout above 1.3933 for bullish continuation.

Following Trump’s comments about tariffs, gold rises nearly 1% to surpass $3,335 currently

Written on May 9, 2025 at 8:10 pm, by

Gold rebounds above $3,335 amid uncertainty over US-China trade talks and potential tariff reductions.

Barkin remarked on the robustness of consumer spending and business investment, despite declines in restaurant spending and job openings

Written on May 9, 2025 at 7:45 pm, by

Consumer spending strong, but DC restaurant sales and job openings dip, hinting at shifting economic trends.

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